Sorry no stats or graphs from me, just in the trenches reporting. Snohomish Co. Update: My wife is off providing sterling service tonight in Issaquah for clients who are buying/selling a home, (yes, we do business all over) so I’ve got some free time to do a bit of blogging and research. There are a…
Tag: Legacy Escrow
Freddie Mac: 81% 4th Qtr. ’07 Refi’s exceeded original loan by 5% or more.
Frank Nothaft, Vice President and Chief Economist of Freddie Mac: “In the fourth quarter of 2007, 81% of Freddie Mac-owned loans that were refinanced resulted in new mortgages with loan amounts that were at least 5% higher than the original mortgage balances, according to Freddie Mac’s quarterly refinance review. The revised share for the third…